J.P. Morgan launches EM multi-asset fund

The JPM Emerging Markets Multi-Asset fund, a Luxembourg Sicav, has launched with a 50% allocation to bonds and a 50% allocation to equities, but the group says this will evolve over time to encompass its “best thinking” on emerging markets. The fund's fixed income element, incorporating sovereign issuance, corporate bonds and local currency debt, is managed by Pierre-Yves Bareau and his emerging market debt team. Meanwhile, the equity portion is overseen by Richard Titherington (pictured), CIO for emerging market equities and head of the EM equities team at J.P. Morgan. Grant, a me...